Imagine a life without the Internet for 24 hours. Could this even happen? Yes and even if just for a single day, the prospect sounds terrifying. Imagine a day without email, Twitter, and Facebook. No Google to search for assignments or research, no You Tube to enjoy – in many ways, it seems synonymous with life halting for a day, doesn’t it?

Path is an application that is based upon the concept of “sharing your life journey” with your family and your closest friends. Path was launched in 2010 in San Francisco, CA by a former Facebooker. Since its debut, some 3 million people have downloaded the application.

Path is an intimate social networking tool based on smart journal that allows users to tell their story, share pictures and choose the 150 people whom they wish to share those with.

On July 6-22, immerse yourself in NY_Hearts: LES, a virtual love story you can experience through an app.

Audio books are ‘in’ but imagine a whole new way of storytelling –with an app. An app through which you hear the real sounds and see the real sites of the narrative –as though you’re actually there! That’s the idea behind the Moveable Feast app. The app allows you to create and share “multimedia narratives.” It can be a tour when you’re far off traveling, within which you can include images, videos, and text –all connected to GPS coordinates and a “virtual trail” that others will be able to follow using their iPhone or desktop.

Is social media as reliable as the mainstream media for news? It’s hard to say if news on social media can be trusted, but it is surely an effective complement to mainstream media.

It was a software consultant who first tweeted about the events leading up to Osama Bin Ladin’s capture and death. Sohaib Athar (@ReallyVirtual) tweeted that “extraordinary choppers” were in his area of Pakistan. He didn’t know at the time that it was a U.S. operation to capture Bin Ladin. Because of his tweets, several mainstream media outlets followed up on the story and found that Osama had been captured and was dead. Before long, the entire internet was abuzz with the Osama news gone viral.

Savings.com has been acquired by the Cox Media Group. Savings.com, one of the most popular “groupon” or “coupon” sites, offers the best deals on practically anything you want in every big city in the world. It has more than a hundred thousand national and online retailers giving out freebies and coupons via the site.

SheBytes founder Renee Schmidt on Fox News LIVE discussing Facebook, the uncontested king of social –right? A slew of smaller social networks are now nibbling at its heels — and the one worrying Facebook execs the most is Path. Discussion on the app for Couples: Pair, Crowdfunding and other tech headlines this week (read more here).

Nokia’s implosion results in 10,000 layoffs. BlackBerry is also teetering; is RIM following suit? Path, a new social networking platform, gains traction –Facebook may have a problem. And is GigaOM up for sale?

Read on to see the stories making headline news on the tech scene this week!